TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Cost Accounting Standard-18 Sets Guidelines for Accurate R&D Cost Reporting and Disclosure in Cost Statements</h1> Cost Accounting Standard-18 (CAS-18) outlines the principles and methods for determining Research and Development (R&D) costs, focusing on classification, measurement, assignment, presentation, and disclosure in cost statements. It aims to ensure consistency and accuracy in reporting R&D costs. The standard defines key terms like abnormal costs, direct and indirect costs, and overheads. It specifies that R&D costs should include direct materials, employee costs, depreciation, and other attributable expenses, while excluding abnormal costs, fines, and imputed costs. The standard mandates detailed disclosures in cost statements and applies to periods starting from April 1, 2014.
TaxTMI 
TaxTMI 
